$APD, $GOOGL, $GILD, $INTU, $LRCX
Daily HeffX-LTN reviews dozens of Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid.
Below is our list for Friday, 3 April, these are all Top companies with huge cash piles, as follows:
Air Products: This company has seen some solid insider buying over the past couple of years. Air Products Inc. (NYSE: APD) provides atmospheric gases, process and specialty gases, electronics and performance materials, equipment, and services worldwide.
The Street’s consensus price target for the stock is 246.86. The shares closed Thursday’s trading session at 194.50, up 2.76% on the day.
Alphabet: The search giant continues to expand and, while search remains king, the cloud presence is growing fast. Alphabet Inc. (NASDAQ:GOOGL) is a global technology company focused on Key areas, such as search, advertising, operating systems and platforms, enterprise and hardware products. It generates revenue primarily by delivering online advertising and by selling apps and contents on Google Play, as well as hardware products. The company provides its products and services in more than 100 languages and in 190 countries, regions and territories.
The consensus price target is at 1539.34. Alphabet stock was last seen trading at $1,117.03/share Thursday at the close.
Gilead Sciences: This company is trading a very reasonable 9.36X estimated Y 2020 earnings and may have a coronavirus treatment. Gilead Sciences Inc. (NASDAQ:GILD) is a biopharmaceutical company that discovers, develops and commercializes therapies for the treatment of HIV/AIDS, liver disease, cancer and inflammation. The acquisition of Kite Pharmaceutical in Y 2017 allowed for entry into the CAR-T space, indicating a renewed focus in oncology.
Investors receive a 3.75% dividend. Gilead Sciences stock closed Thursday at 76.98, above the 74.50 consensus price target.
Intuit: This company hits all the metrics in the technology sector for accounting needs. Intuit Inc. (NASDAQ:INTU) is a provider of business and financial management solutions for small and medium-sized businesses, financial institutions, consumers and accounting professionals.
Investors receive a 0.97% dividend. The 285 consensus price objective on Intuit stock compares with Thursday close at 225.22/share.
Lam Research: This company is 1 of the Top chip equipment picks on Wall Street, and it was up big on the Bullish report. Lam Research Corp. (NASDAQ:LRCX) designs, manufactures, markets, refurbishes and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers plasma etch products that remove materials from the wafer to create the features and patterns of a device.
The dividend yield is 2.00%. The consensus price objective is 305.76, and Lam Research stock closed at 220.57 Thursday.
Have a safe weekend, stay home!